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Transcripts for FOXNEWS America Reports With John Roberts Sandra Smith 20220329 18:00:30

Transcripts for FOXNEWS America Reports With John Roberts Sandra Smith 20220329 18:00:30
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Transcripts for FOXNEWS America Reports With John Roberts Sandra Smith 20220329 18:07:00

her costs could jump again because of the energy crunch from the ukraine crisis. tiffany is not alone. lower income americans are feeling the brunt of rising prices. according to the latest polling, two-thirds report their family has had to cut back on spending in order to afford necessities. that includes 75% of those with annual household incomes under $50,000 as well as 60% in those, in the 50,000 plus household range. con ed, tiffany s company is far from the only company to raise rates. eversource in connecticut raised in january and now told 3.6 million customers they could see 25% increase through june. but in washington, the associate director on climate for the office of management and budget says the answer to combatting rising energy prices is investing in cleaner energy. but right now americans are

Transcripts for FOXNEWS America Reports With John Roberts Sandra Smith 20220329 18:01:00

welcome back, as america reports rolls into hour two. i m sandra smith in new york. great to be with you, john. john: good to be with you, as well, i can t believe it when i see $six a $6 a gallon. the tax hike targets corporations and billionaires as he puts his campaign speeches pitting wall street against main street. sandra: critics say the increased prices will just be passed on down to the consumer, average americans will pay more. we took that to one of the biggest defenders are raising taxes on the rich. paying more taxes, raise prices even further. interesting question. how senator warren answers that critical question in a moment. john: another senator calling for a major move that could lower prices at the gas pump. calling for all the historic

Transcripts for FOXNEWS America Reports With John Roberts Sandra Smith 20220329 18:08:00

paying so much more. sandra. sandra: just about everybody is talking about, madison, thank you. john. john: analysts tell fox attacks from the left are setting the stage for higher prices for quite some time to come. kelly o grady live huntington beach, california, always been one of the best places on the planet to live. it certainly is, i can t complain, john. the number of active oil rigs is not increasing quickly enough. historically it increases with prices because oil companies want to capitalize on the potential profits by investing, but energy policies to supply chain challenges are impacting that. and 1,000 rigs were operational, 1609, prices were at 84.40, but now 531 rigs are in use. many blame the uncertain regulatory environment, has oil

Transcripts for FOXNEWS America Reports With John Roberts Sandra Smith 20220329 18:05:00

28%, and at a time when americans are paying more for almost everything. i asked senator warren if there is a concern that more taxes could mean higher prices. is there a concern companies are going to raise prices further? well, interesting question. you know, companies did not lower their prices when the trump tax cuts went through. i guess the evidence would show that the corporations keep the money when the tax cuts come. what they do if they don t get the tax cuts we have to see. seems like wait and see could be the strategy here but we know the state of the economy is a big voting issue for people heading into the midterms. a new nbc poll found the cost of living is the number one issue worrying most voters. john: more expensive and wages not keeping track. thank you.

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